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Brisas Del Mar -  Portoviejo Group
In this Group: Rosa Elena, Brenda Estefania, Pastora Marilú, Lenny Beatriz, Shirley Vanessa, Salanda Del Rosario, María Angela Del Carmen, Rita Elena, Paola Maricel, Teresa Ramona, Mireya Lucciola, Samantha Cecilia, Francisco Gerardo, Klever Armando, Rosa Victoria, Genny Yadira, José Luis, Francisca Elizabeth
In the parish of Crucita in Portoviejo Canton we find a place known as Los Arenales, where the 15 women and 3 men who are members of Brisas Del Mar Communal Bank meet every two weeks. This place is known for its pretty beaches, its gastronomy, and the warmth of its people.

This is a group of people who decided to get together and form this communal bank that has served them well, because with the loans they have improved their businesses. They work in different jobs, such as sales, service, and food sales, among other activities.

One of the members of this group is Teresa, 56. She is married and from this relationship has eight children, all of age. The youngest of them lives with her, as does an 11-year-old child who studies in high school and whom she raised from a little boy because his mother died. Her husband works occasionally and also helps her in her business.

She has a general store in her house. There she sells a little bit of everything, from rice, sugar, detergent, canned goods, meat, fish, shrimp, vegetables, and also certain remedies and hardware items such as clothing, shoes, and costume jewelry. She works every day from 6:00 a.m. until 8:00 p.m. with the help of her husband and her children. She buys her merchandise in the city of Portoviejo, and she receives other products in her store. She has had her business for two years and it is going very well for her.

This loan is to stock her store. She is going to buy rice, sugar, tuna, detergent, hardware items, and other household necessities. She is a founding member of the communal bank and she likes it because of the benefits she gets from the institution.

Her dreams are to have a car and a bigger business.
View original language description ↓
En la parroquia Crucita del cantón Portoviejo encontramos un lugar conocido como Los Arenales, aquí cada quince días se reúnen las 15 socias y los 3 socios del Banco Comunal Brisas Del Mar, este lugar es conocido por sus hermosas playas, por su gastronomía y por la calidez de su gente.

Este es un grupo de personas que decidieron unirse y formar este Banco Comunal que les ha servido de mucho, ya que con los créditos han mejorado sus negocios. Se dedican a diversas actividades tales como comercio, servicios, venta de comidas entre otras actividades.

Una de las socias de este grupo es la señora Teresa, tiene 56 años de edad, está casada y de esta relación tiene ocho hijos todos mayores de edad, el menor de ellos viven con ella, además de un niño de 11 años el mismo que estudia en colegio y que lo crio desde pequeño ya que su madre falleció. El marido trabaja ocasionalmente. y también le ayuda en su negocio.

Ella tiene una tienda general en su casa, allí vende de todo un poco desde arroz, azúcar, detergentes enlatados, carne, pescado, camarón, legumbres y también vende ciertos remedios y artículos de bazar como ropa, zapatos y bisutería, trabaja todos los días desde las 06h00 hasta las 20h00 con la ayuda de su esposo y de sus hijos. La mercadería la compra en la ciudad de Portoviejo y otros de los productos los recibe en su local. Lleva 2 años con su negocio y le va muy bien.

Este crédito es para surtir su tienda, va a comprar arroz, azúcar, atún, detergentes, artículos de bazar y otros productos de primera necesidad. Ella es socia fundadora del Banco Comunal y le gusta por los beneficios que recibe de la institución.

Sus sueños son tener un carro y un negocio más grande.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Ecuador

  • $10,200
    Average annual income
  • 45
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Brisas Del Mar - Portoviejo Group's $4,575 loan helped a member to buy rice, sugar, tuna, detergent, housewares, and other household necessities.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Feb 10, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012